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Fxprotrader
Oct 5, 2016 1:02 PM

NZDJPY: Short Term Sell Setup Short

New Zealand Dollar/Japanese YenFXCM

Description

Price has broken below a slide parallel of a median line and has pulled back into a corrective structure to test the line. We now see that is been rejected and having in mind that potential tp is the median line we have a sell setup with great value. At the upper quartile of the set we may place our sl at breakeven.
Comments
wolfstreetswinger
looks to be coming back to retest the upper parallel do you think we could have short entry there thanks?
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